Better mortgage discounts in Shanghai
Print Edition
Most banks in Shanghai are still offering a 15 percent rate discount for first-home mortgages, while media reports said some banks in Beijing, Guangzhou and Shenzhen are taking a different approach.
The banks in Shanghai which are doing so include the big four — the Industrial and Commercial Bank of China, the Bank of China, the Agricultural Bank of China and China Construction Bank; smaller banks like China Merchant Bank, Everbright Bank and Shanghai Rural Commercial Bank; as well as overseas banks such as Standard Chartered Bank, Bank of East Asia, Hang Seng Bank, and United Overseas Bank.
UK-based Standard Chartered said its branches in Beijing and Guangzhou also offer rate discounts.
The branches of Everbright Bank in Shanghai may even provide a discount of up to 30 percent if the loan is considered big.
Lenders in Shanghai charge lending rates 10 percent above the benchmark for second-home buyers.
But media reports said that some lenders in Beijing, Guangzhou and Shenzhen price lending rates 20 percent higher for second-home buyers. Others have temporarily suspended the mortgage business or delayed loan approvals.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
